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harina [27]
3 years ago
13

Reading from left to right, which list shows the tax types that proportionally increase with a rise in income?

Business
1 answer:
Murrr4er [49]3 years ago
3 0

Answer:

Regressive, proportional, progressive

Explanation:

There are three main tax categories: regressive, proportional, and progressive.

Regressive Tax

Regressive taxes are type f tax accessed as a percentage of the value of an asset purchased or possessed. Under this system, low-income earners tend to pay a higher amount compared to high income earners because it has no correlation with what the taxpayer earns or their income level.

Proportional Tax

In a proportional tax system, everyone irrespective of their income pay the same rate. This tax system affects everyone equally.

Progressive Tax

A progressive tax has it name implies is progressive in nature.The tax rate increases as the income level of the tax payer increases. Therefore high-income earning individuals pay more than low-income earning individuals

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Miller Corporation issued 6000 shares of its​ $5 par value common stock in payment for attorney services billed at​ $54,000. Mil
Deffense [45]

Answer:Share premium account of $24,000

The provider of attorney services of $30,000

Explanation:

On provision of services, the Attorney services expenses account is debited with $54,000 and the attorney services provider account credited with $54,000

Furthermore a share account is opened for the provider and credited with $30,000 , the share premium is credited $24,000 and a debit transfer is made to his liability account initially credited.

The $24,000 credit to share premium represents the difference between the nominal value of the share of $5 and the market value of $9 multiply by the 30,000 shares he was paid with.

Also a memorandum will be issued to state that 6000 share has been transferred from Miller to the attorney services provider and the shares will be delited from his name and entered in the name of the services provider because the credit of shares to his account does not represents new shares issued but it's the transfer of Miller's shares to him.

4 0
3 years ago
The contact between the breccia and the underlying granite is an example of a(n):____.
3241004551 [841]

Correct option is (b): angular unconformity

The contact between the breccia and the underlying granite is an example of angular unconformity

Breccia is a type of  sedimentary rock which is composed of large angular broken fragments of minerals or rocks cemented together by a fine-grained matrix.

In the Italian language ,Breccia word means "rubble". A breccia may have a variety of different origins, as indicated by the named types including sedimentary breccia, igneous breccia, impact breccia, tectonic breccia and hydrothermal breccia.

Granite is a coarse-grained intrusive igneous rock  which is composed of quartz, alkali feldspar, and plagioclase. It forms from magma with a high content of silica and alkali metal oxides that slowly cools and solidifies underground

To know more about breccia here:

brainly.com/question/15185919

#SPJ4

5 0
1 year ago
Describe a real or made up but realistic example of an emotional consumer motive that you or someone you know has experienced. W
Lynna [10]
There are a lot of reasons in buying a certain a product and sometimes we buy things which are not really necessary. One great example for emotional consumer motive in when we buy food because we need them to survive in this world. 
5 0
3 years ago
Read 2 more answers
Which of the following is the correct statement about fixed costs? The fixed cost per unit will decrease when volume increases.
Montano1993 [528]

Answer:

The correct statement is: "The fixed cost per unit will decrease when volume increases."

Explanation:

Total fixed costs remain the same within a relevant range, but the <em>fixed cost per unit</em> decreases as production increases, because the same fixed costs are spread over more units produced.

6 0
3 years ago
When does one country have an absolute advantage over another country?
Rashid [163]
A country with an absolute advantage over another country achieves this if their production costs are lower.

Absolute advantage means a company or individual out perform another more efficiently. In this case, if two companies are making a product and one selling them for the same price, but one company can make the product for cheaper, they have an absolute advantage. 
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2 years ago
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